Income from Fit-Out Hire Charges Taxed as Business Income, Not House Property Income, Based on Two Separate Agreements.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Income from Fit-Out Hire Charges - business income OR income from house property - nexus with fixture/feelings/equipments - assessee has disclosed all the materials before the AO and it is not an evasion of tax - there are two separate agreements and each terms have been expressed in the agreement - taxable as business income....